Tuesday, February 28, 2017

Technical Analysis Feb 2017: HEVEA (5095)


HEVEABOARD BHD 

Observation From Chart:-

HEVEA (5095) is forming ascending triangle pattern.

Will it breakout the resistance?

Other indicator:-
MACD moving toward negative region, downtrend sign.
Stochastic %K on SELL call itinerary.

Immediate support @ MA20 level,
Subsequent support @ lower triangle level.

Immediate resistance @ RM1.57 level.
Subsequent resistance @ RM1.63 level.

If able breakout RM1.57, higher high is confirm. Uptrend will resume.

Let's watch closely.

Technical Analysis Feb 2017: FLBHD (5197)


FOCUS LUMBER BERHAD

Observation from Chart:-

FLBHD (5197) trading within the band.

Will it breakout band?

Other indicator:-
MACD moving toward negative region, downtrend sign.
Stochastic %K on SELL call itinerary.

Immediate resistance @ RM1.67 level.
Subsequent resistance @ RM1.73 level.

Immediate support @ RM1.59 level.
Subsequent support @ RM1.55 level.

Let's watch closely.

Technical Analysis Feb 2017: GKENT (3204)


GEORGE KENT (MALAYSIA) BERHAD

Observation from Chart:-

GKENT (3204) forming bolinger band squeeze.

Will it retest RM3.11 resistance level?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K on buy call itinerary.

Immediate resistance @ RM3.00 level.
Subsequent resistance @ RM3.11 level.

Immediate support @ RM2.84 level.
Subsequent support @ RM2.75 level.

Let's watch closely.

Monday, February 27, 2017

Technical Analysis Feb 2017: VIVOCOM (0069)


VIVOCOM INTL HOLDINGS BERHAD

Observation from Chart:-

VIVOCOM (0069) succeed breakout bolinger band squeeze.

How high will it go?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on buy call itinerary.

Immediate resistance @ RM0.185 level.
Subsequent resistance @ RM0.205 level.

Immediate support @ RM0.155 level.
Subsequent support @ RM0.13 level.

Let's watch closely.

Technical Analysis Feb 2017: AXIATA (6888)


AXIATA GROUP BERHAD 

Observation from Chart:-

AXIATA (6888) retrace down from RM5.09 level.

Will it rebound @ RM4.18 support level?

Other indicator:-
MACD moving toward negative region, downtrend sign.
Stochastic %K oversold, pending trigger buy call.

Immediate resistance @ RM5.09 level.
Subsequent resistance @ RM5.22 level.

Immediate support @ RM4.18 level.
Subsequent support @ RM4.05 level.

The selling pressure is due to most recent quarter result & dividend payout
For more info: http://www.sinchew.com.my/

Let's watch closely for rebound opportunity.

Monday, February 20, 2017

Technical Analysis Feb 2017: DNEX (4456)


DAGANG NEXCHANGE BERHAD 

Observation from Chart:-

DNEX (4456) succeed breakout ascending triangle pattern.

How high will it go?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on buy call itinerary.

Immediate resistance @ RM0.34 level.

Immediate support @ RM0.30 level.
Subsequent support @ RM0.27 level.

Let's watch closely.

Wednesday, February 15, 2017

Technical Analysis Feb 2017: EG (8907)


EG INDUSTRIES BERHAD 

Observation from Chart:-

EG (8907) succeed breakout bolinger band squeeze

How high will it go?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K still on buy call itinerary.

Immediate resistance @ RM1.26 level.
Subsequent resistance @ RM1.36 level.

Immediate support @ RM0.91 level.
Subsequent support @ RM0.815 level.

Last round, EG breakout bolinger band squeeze, from RM0.615 to RM1.26 high (Total 106.6% in 3month duration)

If this round, EG also hit 100%, the share price will go to RM1.82 level
If this round EG hit 50%, the share price will go to RM1.36 level.

This projection is purely based on Technical Analysis, pls refer our DISCLAIMER.

Let's watch closely.

Saturday, February 11, 2017

Technical Analysis Feb 2017: PUNCAK (6807)


PUNCAK NIAGA HOLDINGS BHD

Observation from Chart:-

PUNCAK (6807) is forming higher high & higher low. 

How high will it go?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K still on buy call itinerary.

Immediate resistance @ RM1.045 level.
Subsequent resistance @ RM1.09 level.

Immediate support @ RM1.00 level.
Strong support @ RM0.94 level.

Let's watch closely.

Friday, February 10, 2017

Technical Analysis Feb 2017: BRAHIMS (9474)


BRAHIM'S HOLDINGS BERHAD 

Observation from chart:-

BRAHIMS (9474) succeed breakout downtrend resistance level.

How high will it go?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K trigger BUY call, pending confirmation.

Immediate support @ RM0.68 level.
Subsequent support @ RM0.65 level.

Immediate resistance @ RM0.73 level.
Subsequent resistance @ RM0.755 level.

Let's watch closely upcoming quarter result.

Thursday, February 9, 2017

Technical Analysis Feb 2017: INARI (0166)



INARI AMERTRON BERHAD

Observation from chart:-

INARI forming higher & higher low.

How high will it go?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on BUY call itinerary.

Immediate support @ RM1.74 level.
Subsequent support @ RM1.63 level.

Immediate resistance @ RM1.83 level.
Subsequent resistance @ RM1.98 level.

Let's watch closely upcoming quarter result.

Wednesday, February 8, 2017

Technical Analysis Feb 2017: DRBHCOM (1619)


DRB-HICOM BERHAD 

Observation from Chart:-

DRBHCOM forming BIG ascending triangle?

Will it retest RM1.535 resistance level?

Other indictor:-
MACD trade at positive region, uptrend sign.
Stochastic %K on BUY itinerary..

Immediate resistance @ RM1.35 level.
Subsequent resistance @ RM1.42 level.

Immediate support @ RM1.23 level.
Subsequent support @ RM1.09 level.

Positive news on DRBHCOM that potential boost DRBHCOM share price movement
Source: http://www.orientaldaily.com.my/
Source: http://www.kwongwah.com.my/

Let's watch closely.

Monday, February 6, 2017

Technical Analysis Feb 2017: GBGAQRS (5226)


GABUNGAN AQRS BERHAD (5226) 

Observation from Chart: 

GBGAQRS (5226) forming higher high & higher low.

How high will it go?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on BUY call itinerary.

Immediate resistance @ RM1.02 level.
Subsequent resistance @ RM1.07 level.

Immediate support @ RM0.985 level.
Subsequent support @ RM0.95 level.

MIDF research house comment on GBGAQRS
Source: http://www.sinchew.com.my/
Source: http://www.thestar.com.my/

Let's watch closely.

Sunday, February 5, 2017

Technical Analysis Feb 2017: POS (4634)


POS MALAYSIA BHD (4634) 

Observation From Chart:

POS consolidate sideway & forming bolinger band squeeze

Will it breakout resistance?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on SELL call itinerary.

Immediate resistance @ RM4.14 level.
Subsequent resistance @ RM4.44 level.

Immediate support @ RM3.80 level,
Subsequent support @ RM3.65 level.

Let's watch closely upcoming quater result & dividend announcement.

Saturday, February 4, 2017

Technical Analysis Feb 2017: TNLOGIS (8397)


TIONG NAM LOGISTICS HOLDINGS BERHAD 

Observation from Chart:-

TNLOGIS (8397) succeed breakout bolinger band squeeze resistance.

How high will it go?

Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K still on BUY call itinerary.

Immediate resistance @ RM1.72 level.
Subsequent resistance @ RM1.75 level.

Immediate support @ RM1.62 level.
Subsequent support @ RM1.54 level.

Let's watch closely.